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Tryna blend in my first week at a new job like

Please evaluate this initial offer for Apple ICT3. I think I was low balled, but I want to take more opinions. Currently Sr. MTS at VMware, received Apple ICT3. I was expecting to get to ICT4 but seems like team thinks upper end of ICT3 is more apt. Also, I think it is because I don’t have any counter offers yet.
Received offer
Base: 185k
Sign on: 40k
RSU: 160k/4 years (Here is where I think it is low)
Location: Cupertino,CA
Current TC
229k
YOE: 3.5 years US / 6.5 overall(similar roles)
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The screenshot shared is LoI and not the actual offer letter. How could you waste waiting for 1 year without an actual offer letter.
There is a high possibility that this position might be put on hold.
Please understand that the screenshot you have shared is not an offer letter. It is just an letter of intent. Please google up the difference between both if haven't understood
Why did you not try for other company?
Now I have joined charitable trust as a software engineering intern with a stipend of 6.5k
You should have gone for Cognizant or some other reputed company. DXC is not stable right now and is not the perfect company to start your career with as a fresher. If the company stays around after a few years you can consider joining it as a lateral. Please go for other company.